You often hear about buyers being gazumped or struggling to get the right information from the real estate agent to even be able to submit an offer. And how about the sellers who don’t even trust their own real estate agent enough to take their advice? These stories, and the many other grey areas surrounding real…
Are you one of the many Australians who are madly saving money to stave off the rising cost of living? According to the new research by Finder, the average Australian has $39,439 in savings in August. That’s a 75% increase from six months earlier – up from $22,565 in March – and a record high…
There is a debate in the world about the usefulness and alleged obscene amounts of money earned by some professions. It’s widely acknowledged that real estate agents are not the most trusted professions in Australia. A recent Roy Morgan survey revealed that just 5% of Australians trust real estate agents, (down 2%) all hitting new…
When you make your offer on a property there are a few things to keep in mind to give you the upper hand in the negotiation. These are just as important in the current market as they were during the times of the property booms. So, let’s look at some tactics that should help you….
How can you pick when the property market will turn? That’s the million-dollar question I am asked on a daily basis. My honest answer is that nobody knows what happens next, just ask those property experts who made all those wrong predictions a couple of years ago. House prices were supposed to fall 30% +,…
What is the best way to value a property? In my mind, there are many different ways to determine a property’s true value. There are also a few different types of people that you can turn to for a valuation of your property. The most common are Valuers and, as an investor myself, I know…
Young people are feeling more disheartened than ever about their prospects of owning a home. This is despite falling property prices, according to new research by Finder. In fact, the survey found more than a third (37%) of non-homeowners say they don’t think they will ever be able to afford a home, a substantial increase…
When it’s time to start looking for your next property purchase, you’ll come across a lot of jargon you might not have heard before. Saving for a deposit or house hunting is time-consuming enough, so when it comes to deciphering some of the real estate market code and industry lingo you could probably do with…
Rising interest rates are going to strangle our property markets! Well that’s what the media is telling us, but Eleanor Creagh, Senior Economist at the REA Group suggests that won’t be the case. She explains that despite the fact that mortgage rates have quickly risen, and many homeowners will need to tighten their belts as further rate…
It’s a question that many property investors ask me: should I buy a new property or an established one? It’s obviously on the minds of lots of investors so it’s time we revisited this issue in a bit of detail. On the surface, it makes sense to buy a new property. Buyers like new things…
